Waaree Energies Strengthens US Presence with 452 MW Solar Module Order

US arm, Waaree Solar Americas, has secured a significant 452 MW solar module supply order from a leading American developer, to be delivered across FY25–26 and FY26–27. This adds to its recent international wins of 540 MW, 586 MW, and 599 MW, reflecting its growing global presence. The company is also ramping up capacity at its Brookshire, Texas facility, targeting 3.2 GW by end-2025. Strong fundamentals back this growth Q1 consolidated net profit rose 20.3% QoQ to ₹745 crore, EBITDA surged 73.4% to ₹997 crore, with margins expanding to 22.5% from 14.3%, while revenue grew 10.5% to ₹4,425 crore. With inclusion in the MSCI Standard Index, Waaree is set to attract potential inflows of up to $230 million, further strengthening its market positioning in the fast-growing renewable energy space. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.